Month: November 2023

Consumer price inflation cooled to 3.1% in October on a year-on-year (y/y) basis, down from 3.8% in September. That is progress, but inflation is still above the 2.8% low reached last spring, prior to the Read more…

Daily Pivots: (S1) 1.0908; (P) 1.0930; (R1) 1.0962; More… EUR/USD is losing some upside momentum as seen in 4H MACD, but there is no clear sign of topping yet. Sustained break of 61.8% retracement of Read more…

Daily Pivots: (S1) 1.2461; (P) 1.2490; (R1) 1.2533; More… GBP/USD’s rise form 1.2036 is extending and intraday bias stays on the upside. Current rally should target 61.8% retracement of 1.3141 to 1.2036 at 1.2716 next. Read more…

TheStreet’s J.D. Durkin brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Tuesday, November 21st. Full Video Transcript Below:  J.D. DURKIN: I’m J.D. Durkin, reporting from Read more…

Daily Pivots: (S1) 0.8828; (P) 0.8849; (R1) 0.8872; More…. USD/CHF is losing some downside momentum as seen in 4H MACD. But intraday bias stays on the downside with 0.8898 minor resistance intact. Current fall from Read more…

Daily Pivots: (S1) 147.68; (P) 148.83; (R1) 149.55; More… USD/JPY’s fall from 151.89 is still in progress. Intraday bias stays on the downside for medium term channel support at 146.00 next. On the upside, above Read more…

McDonald’s, at least in the United States, has a troubled relationship with pizza. The chains tried to introduce McPizza in the 1980s as a family-sized pie brought to your table and served on a raised Read more…

Daily Pivots: (S1) 1.3694; (P) 1.3722; (R1) 1.3754; More… Intraday bias in USD/CAD remains neutral at this point as sideway trading continues. While another fall cannot be ruled out, downside should be contained by 38.2% Read more…